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Search Results 0 to 20 of about 21 (some duplicates have been removed)
to engage in serious negotiations. >> so, now what is the big question? speaker boehner will rebut the president just about 14 minutes from now. we'll take you there live. in his letter to his colleagues, he said his preference now is to work on a plan in the congress. but the president expects the house and the senate leaders of both parties at the white house saturday morning. is this just theater before a deal or a recipe for gridlock and maybe an economy shattering government default? chief white house correspondent jessi jessica yellin, and kate bolduan, and gloria borger here, jess, the speaker doesn't want to negotiate anymore, and this is not a president known for his anger or his temper, but he seemed pretty piqued. >> reporter: this was the president hitting by far his most frustrated, fed-up note during the debt negotiations by far, john. we heard him say that the republicans just don't know how to say yes. that he offered the most generous package he could. in short he said that he offered them a deal that democrats just didn't like. he was basically saying he was enrag
is it shows that the united states system is not set up to do big things. when a crisis like this comes up they cannot do a deal that would show stability to the world. >> ronald reagan and tip o'neal made big deals. in the 1990s, bill clinton and the republican congress made big deals. and mika, it's not over yet, but it has gotten to the point already that this is damaging the reputation of the united states the longer it goes, and i think we're talking about it damaging our reputation more every day that the crisis goes on. >> i think both sides would agree with that. after a weekend of meetings resulting in yet another impasse, president obama is canceling two fundraisers today to continue negotiations. senate majority leader harry reid said the talks broke down last night because of the republicans insistence on a short-term deal, and their plan would cut $2.7 trillion over the next ten years. officials say it raises the debt ceiling but no tax increases. and he salaid out his latest solution. >> there will be a two-stage possible. it's not physically possible to do this in one step.
you that you could save hundreds! yeah, that'll certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> to norway now. today we learned that the lone suspect in that horrible bombing and shooting attack that killed 93 people has confessed to both. he is expected to make his first court appearance in oslo tomorrow. cnn's michael holmes will be there when he does. michael, today you met a norwegian man who has an unforgettable story about what happened on friday. >> reporter: yeah. casper largo is his name. he was one of several good americans who when the shooting erupted over on this island, they heard about it, they got on their boats, they went to the island and did remarkable things. getting dozens of those kids off the island as the shooting continued. i want you to listen to part of a conversation i had with him earlier today. >> i asked the guard to go off in the water and hold the boat. asking them to name themselves. >> you thought there was a kind of rapport? >> y
, the sharpest >>> issue one, too big to fail? >> i urge democrats and republicans in the senate to find common ground on a plan they can get support that can get support from both parties in the houses, a plan that i can sign by tuesday. >> okay, the economic stats n the second quarter of this year, april, may, june, the u.s. economy grew at a rate of that's 4/10 every 1% growth. question, are these statistics a bigger worry than the debt ceiling prevailing argument? pat buchanan? >> they're equally big worries, john. despite the fact the president had an $800 billion stimulus fed is triple the money supply, three deficits of almost $5 trillion, the economy is dead in the water this. that argues for a stimulus of a reaganite stimulus or obama stimulus, but there's who more tools in the toolbox here. on the other side you have the debt deficit problem, which $10 trillion in deficits, which argues for austerity. spending cuts, taxations, so you've got two in total conflict. the president inherited aaron economy, john, that i think the only way this thing will go forward is through the old stagfl
get to be big, big problems. >> so those are some of the warnings signs, or are there warning signs that you are taking in -- that you are just too hot? >> i did get all the way to eventually the first stages of heat stroke one time in my life in nebraska when i was working outside. the first thing you need to do, obviously, drink all the water you can. if you feel crap thats in your legs or stomach, that means you are not getting that water, and you will feel not first but cramps. that's the first step. and then after that, if you feel like you can't just stand up anymore -- when i got to the point, i could not drive my car home. somebody had to drive me home because i could not function. my brain would not function at all. at 104 degrees you're in a heat stroke, and you need medical attention because you are vomiting. if you start to vomit, you need to get out of the heat and get your body temperature taken down. if you are not sweating anymore, you need to go to the hospital. >> what about the fact that it got so hot so fast? has that made a difference in a case like this? >> no
new york, one person was killed. at least 20 injured in a fiery crash between a tour bus and big rig. the happened on interstate 90 early this morning. both vehicles caught fire. it appears a u.s. soldier helped somebody. authorities say he drove on the scene and pulled passengers out from the burning bus. one passenger claims the bus driver fell asleep. the accident is under investigation. >>> new numbers show more children are dying after being left in hot cars researchers say an air bag that urged children to -- parents to put children in the rear seats of the car worked very well. but they say it had the unintended consequence forgetting about their children. that's tushy because they are out of sight -- that's usually because any are out of sight -- they are out of sight. >>> it's 7:0. we want to check in with -- it's 7:08. right now we're looking at the the commute on highway 24 westbound coming up to the walnut creek area, la fayette and getting up to oakland. it's a nice drive all the way through the tunnel. this morning's commute is gonna be okay if you are driving in san fr
-ann, we haven't forgotten you. we're going to talk to you because it's your big day. we're going dom back after the break and we want you to watch this with us. we're going live now to new york city. that's where michael bloomberg is going to marry his aides after a break. i love that my daughter's part fish. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone works as a team. and i only need to talk to one person about her care. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> it's a fine and fancy day in the city of new york. i feel like i should be wearing my seersucker suit and drinking a mint julep
, corporate and other taxes, but the bills are quickly piling up. this is a list of the big payments due in the next few weeks. the biggest is social security which medicare close second. under the worse case scenario treasury officials say they have to decide which bills to pay and which not to pay. gerri from the fox business network is here. so, how close are we to running out of money, $73 billion? >> the treasury department has said we go broke august 2nd, the drop dead date according to them but the reality is over the course of august, we will have some $172 billion coming in, and it should be enough to pay interest on the debt of $29 billion and social security payments of $49 billion. but experts who watch this say you know what? the pedal will hit the metal august 8th when we could default. >> market is down 53 points right now. it seems to be shrugging this off. >>guest: yes, it is shocking, really, the market seems to be confident here, and maybe some kind of credit rating downgrade is already baked into the pie and gold is up, that is where people go when they are nervous or
amendment? >> well, this has become a very big subject in the law professor world. the 14th amendment is one of the most familiar parts of the constitution, guarantees due process of law, equal protection of the law. but there is frankly a provision in section 4 that i have never paid any attention to before. and it goes like this. section 4 of the 14th amendment said "the validity of the public debt of the united states shall not be questioned". now, i don't know exactly what that means. i don't think anybody knows precisely what that means. but it has been suggested that under that provision, president obama could simply order that the debt be paid and that this crisis be forestalled. he has mostly reject that option, but as far as i've read their statements, they have not completely rejected that option. obama has always said, look, i think this should be dealt with by congress, not by unilaterally under the 14th amendment. but under my reading of their statements, they haven't completely ruled out in a total crisis situation invoking the section of the amendment and ordering the debt pai
been not a big deal but a small deal, something that would raise the debt limit. whether it's short term or long term. he wants a longer term. the advantage he's gained in public opinion, we saw that from our poll earlier in the week. it's why, by the way, speaker boehner was right when he said in his press conference, this wasn't about personalities, it was about different visions of country. house republicans are not playing politics. it's crazy politics what they're doing and republican leaders think it may hurt the party but it's what they believe and that's why we're at this point. >> john, it's interesting, speaker boehner called his press conference a few minutes after president obama but notably after the markets had already closed. was this intentional? >> reporter: absolutely it was intentional. the speaker was trying to do what he could to minimize the fallout from the collapse of these talks. and that's why there's urgency in meetings today and also on sunday to try to come to some resolution before markets open on monday in the hope that they can avoid a negative reacti
and if not replace it so the system can move properly. >> when it is in hot out, how do you keep cool? >> a big hat and ice cream. looking good. where is your favorite spot to cool down? we want to know. send your photos to "u local" at www.wbaltv.com. >> to washington now where president obama is making another attempt to restart the stalled talks on raising the debt ceiling. house speaker john boehner broke off talks on friday. this morning the president asked boehner and other congressional leaders to meet with him in an effort to find a way to avoid a u.s. default. 11 news washington bureau sally kidd has more. >> i couldn't get a phone call returned. >> president obama announcing a breakdown in debt talks with the house speaker zurg a hastily called news conference. >> the american people are desperate for folks who are willing to put aside politics just for a minute and try to get some stuff done. >> and to get a deal done, the president said he was willing to take a lot of heat from his own party. >> even if i didn't think the deal was perfect, at least it combo -- the deal was perfect, at l
on it but i do know that it was in an effort to try to make sure that the rates that the two big providers in mississippi, and, of course, energy was heavily invested in louisiana as well. but i don't know the details on that but i do know. >> mr. mack so, have you had any experience with this kind of think? >> we have not. >> mr. serino, i'm going to the i am going to continue on this. chairman, i would love to talk to you about it and senator mccaskill and i have been talking about it. you know, if this community would've happened to have a municipal provider, let's say they paid 10% under the stafford act of the repair costs, they would be passing along to .5 million to the ratepayers instead of 25 million. court if they have a 75, 25 sure, they'll be passing along 6.2 the ratepayers instead of 25 million. those rate players pay federal taxes in exactly the same way that the neighboring community of carthage that has a municipal utility pays federal taxes. we have more experience with this with devastating i storms. we have miles and miles of polls broken off, and the mileage that is in
Search Results 0 to 20 of about 21 (some duplicates have been removed)